Best Banking Tech Companies in Sydney, Australia
The 69 best Banking Tech companies in Sydney, Australia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Xinja.
Our analysis of 50 Banking Tech companies
$7.7b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Banking Tech companies in Sydney
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Xinja Neobank for consumers 45Product top 39%Innovation top 43%Funding top 44%Market top 49% All 7 signals ▾Producttop 39% Innovationtop 43% Fundingtop 44% Markettop 49% Talentbottom 49% Globalbottom 36% Newsbottom 32% Product: 2 distinct product lines · 1 published app (30.0k installs) Innovation: 2 product lines rank vs industry peers · Fliar Intelligence Index 45/100 | $259M | 75 mo ago | 120 | Eric Wilson Co-Founder | — | — | — |
| 2 | Encompass Provider of automated software for corporate identity and compliance verification 69Funding top 26%Growth top 27%Talent top 34%Fin. health top 35% All 8 signals ▾Fundingtop 26% Growthtop 27% Talenttop 34% Fin. healthtop 35% Moattop 39% Techtop 46% Markettop 48% Globalbottom 39% Funding: Raised $198M across 12 rounds · 12 rounds over 10 yrs (1.2/yr) Growth: Headcount 163 → 206 (+26%) across vintages · Revenue +45% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $198M | 8 mo ago | 206 206 → 148 (-28%) | Wayne Johnson Co-Founder & CEO | WordPressSentryZendesk+35 | Top 10M | — |
| 3 | Volt Cooperative bank 24Funding top 41%Patents top 42%Fin. health top 43%Innovation top 50% All 10 signals ▾Fundingtop 41% Patentstop 42% Fin. healthtop 43% Innovationtop 50% Talentbottom 45% Moatbottom 42% Marketbottom 37% Newsbottom 37% Globalbottom 36% Growthbottom 10% Funding: Raised $119M across 4 rounds · 4 rounds over 7 yrs (0.6/yr) Patents: 4 patents matched (strict assignee match) · 3 filings since 2022 vs 1 in 2017-21 rank vs industry peers · Fliar Intelligence Index 24/100 | $119M | 60 mo ago | — | Steve Weston Founder & CEO | — | — | — |
| 4 | InDebted Cloud-based debt collection solutions for businesses 64Funding top 29%Moat top 31%Tech top 34%News top 35% All 10 signals ▾Fundingtop 29% Moattop 31% Techtop 34% Newstop 35% Growthtop 39% Producttop 41% Markettop 43% Talenttop 44% Innovationtop 48% Globalbottom 44% Funding: Raised $91.8M across 5 rounds · 5 rounds over 9 yrs (0.6/yr) Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 64/100 | $92M | 20 mo ago | 250 | Josh Foreman Founder & CEO | Apple iCloud MailGoogle WorkspaceTailwind CSS+33 | Top 1M | 1 job opening · 1 launch · 1 award |
| 5 | Constantinople Software-based customer management platform for banks 42Funding top 37%Talent top 38%Moat top 39%Tech top 41% All 8 signals ▾Fundingtop 37% Talenttop 38% Moattop 39% Techtop 41% Growthtop 45% Globalbottom 37% Marketbottom 34% Newsbottom 22% Funding: Raised $54.4M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 42/100 | $54M | 26 mo ago | 60 | Macgregor Duncan Co-Founder & Co-CEO | Apple iCloud MailMicrosoft 365Node.js+19 | Top 50M | — |
| 6 | Avenue Bank Developer of the digital bank for businesses | $37M | 63 mo ago | 29 | — | Apple iCloud MailMicrosoft 365Salesforce+21 | Top 10M | — |
| 7 | Trade Ledger Loan origination solution for business loans 32Talent top 38%Moat top 39%Funding top 45%Product top 46% All 7 signals ▾Talenttop 38% Moattop 39% Fundingtop 45% Producttop 46% Newsbottom 49% Marketbottom 39% Globalbottom 38% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 32/100 | $26M | 37 mo ago | 50 | Matthias Born Co-Founder & CTO | — | — | — |
| 8 | 86 400 Digital bank for individuals | $21M | 74 mo ago | 111 | — | — | — | 1 launch |
| 9 | PractiFI Provider of wealth management CRM software for financial advisors | $20M | 77 mo ago | 82 | Emily Wilcox Co-Founder & COO | WordPressApple iCloud MailMySQL+37 | Top 10M | 1 launch · 2 awards |
| 10 | Lygon Provider of a blockchain-based platform for bank guarantee processing | $14M | 50 mo ago | 50 | Justin Amos CEO | — | — | — |
| 11 | Avoka Digital sales enablement and manage customer facing business transactions | $12M | 102 mo ago | 270 | — | — | — | — |
| 12 | Flamingo AI-based customer support chatbots and virtual assistance solutions for the insurance industry | $8M | 102 mo ago | 17 | — | — | — | — |
| 13 | Primary Treasury management platform 7Funding top 49%Talent bottom 45%Global bottom 36%Market bottom 10% All 4 signals ▾Fundingtop 49% Talentbottom 45% Globalbottom 36% Marketbottom 10% Funding: Raised $4.8M · 1 rounds over 2 yrs (0.5/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 7/100 | $5M | 21 mo ago | 7 | Ben Buckingham Founder & CEO | — | — | 1 launch · 1 partnership · 1 award |
| 14 | Waave Provider of real-time payment processing services using Australia's PayTo network | $5M | 38 mo ago | 6 | Mark Connolly Co-Founder | WebflowApple iCloud MailGoogle Workspace+19 | Top 50M | — |
| 15 | Douugh Digital bank for individuals | $2M | 50 mo ago | 22 | Andy Taylor Co-Founder & CEO | StatamicPHPLaravel+19 | Top 5M | — |
| 16 | Parpera Provider of management consulting and financial services | $2M | 56 mo ago | 9 | Daniel Cannizzaro Founder & CEO | — | — | — |
| 17 | AuditCover Online tax audit insurance platform for individuals and businesses | $2M | 51 mo ago | 12 | — | SentrySalesforceTailwind CSS+8 | Top 50M | 1 award |
| 18 | Mozo Comparison platform for financial products with crowd soured data serving as reference | $1M | — | 46 | — | SentryRubyRuby on Rails+27 | Top 1M | — |
| 19 | Mist Provider of an internet first bank for international students | $1M | 30 mo ago | 8 | John Crutchley Founder & CEO | — | — | — |
| 20 | givvable Provider of solutions for managing sustainable sourcing 14Talent top 38%Funding top 49%Global bottom 36%Market bottom 23% All 4 signals ▾Talenttop 38% Fundingtop 49% Globalbottom 36% Marketbottom 23% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $259k across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 14/100 | $259K | 2 mo ago | 15 | Frances Atkins Co-Founder | — | — | — |
Top 12 Banking Tech companies in Sydney
#1
Series B · Sydney, New South Wales · founded 2011 · 206 employees$197.7Mraised▾
Provider of automated software for corporate identity and compliance verification. This platform aggregates public and private data to generate digital risk profiles for business entities. It automates the collection and processing of information required for regulatory due diligence, beneficial ownership checks, and sanctions screening. The software integrates with existing banking systems to facilitate identity validation and document management. By structuring data from various sources, the system supports the maintenance of client records and assists in meeting regulatory requirements for financial crime prevention.
- Oct 2025Conventional Debt—
- Jul 2025Series B$7.5M
- Jul 2024Series B$10.3M
- Dec 2023Series B$11.9M
#2
Series C · Sydney, New South Wales · founded 2015 · 250 employees$91.8Mraised▾
Cloud-based debt collection solutions for businesses The offering includes omnichannel communications, receivable management, payments & reconciliation, self-service customer portal, API integration, report analytics, and code compliance. It provides settlement negotiation, dispute management, payment plan management, data management & reporting, and more.
- Sep 2024Series C$40M
- Jul 2022Series B$22.5M
- Jul 2021Series B$25M
- Feb 2021Series A—
#3
Seed · Sydney, New South Wales · founded 2019 · 15 employees$258.6Kraised▾
Provider of solutions for managing sustainable sourcing. It connects suppliers and buyers on the platform. And enables businesses to search & find verified suppliers, source procurement, track spending with a real-time dashboard, and more.
- Apr 2026Seed—
- Feb 2024Grant (prize money)$258.6K
#4
Series A · Sydney, New South Wales · founded 2022 · 60 employees$54.4Mraised▾
Software-based customer management platform for banks. It offers a cloud-based platform to help banks manage their customers, offer banking products, and more.
- Apr 2024Series A$33M
- May 2023Seed$21.4M
#5
Seed · Sydney, New South Wales · founded 2022 · 7 employees$4.8Mraised▾
Developer of a treasury management platform intended to provide secure and transparent treasury management. The company's platform includes features such as real-time data, automated workflows, and integrated risk management, enabling financial institutions to manage their cash and investments securely.
#6
Deadpooled · Sydney, New South Wales · founded 2017 · 120 employees$259.4Mraised▾
Xinja is a neobank for consumers. It offers services such as deposit accounts, money transfers, bill payments, debit cards for online/offline purchases, and more. It offers an app-based platform that is available on iOS & Android devices. It also offers Stash for alternative savings accounts.
- Mar 2020Series C$92.5M
- Mar 2019Series B$1.8M
- Mar 2018Series B$2M
- Jan 2018Series B—
#7
Series E · Sydney, New South Wales · founded 2017$119.2Mraised▾
Cooperative bank
- Jun 2021Series E$37.7M
- Jan 2020Series C$48.1M
- Mar 2019Series C$25M
- Jan 2019Series A$8.4M
#8
Acquired · Sydney, New South Wales · founded 2016 · 50 employees$26.3Mraised▾
Trade Ledger provides a loan origination solution for business loans. It enables lenders to automate the lending process and offers invoice lending, receivables management, supply chain finance management, and more. It allows lenders to automate the invoice purchase process and analyze the risk of collaterals.
- May 2023Conventional Debt$3.7M
- Feb 2021Series A$24M
- Oct 2019Seed$1.9M
- 2017Seed$390.8K
#9
Series B · Sydney, New South Wales · founded 2018 · 29 employees$37Mraised▾
Developer of the digital bank for businesses. It offers digital banking services for Australia-based businesses. It provides commercial leasing, accounting, financial planning services, and more. It also offers partner programs that enable businesses to include clients and partners for banking services.
- Feb 2021Series B$37M
#10
Series A · Sydney, New South Wales · founded 2017 · 50 employees$14.4Mraised▾
Provider of a blockchain-based platform for bank guarantee processing. It provides users with blockchain-based solutions for banks to provide bank guarantees. It also provides consumers with a faster bank guarantee procedure by digitising the bank guarantee through core technology that can be used for different types of financial instruments, allows same-day issuance, and lowers the risk of fraud and handling errors.
- Apr 2022Series A$9.4M
- Aug 2021Seed$5M
#11
Acquired · Sydney, New South Wales · founded 2022 · 6 employees$4.7Mraised▾
Provider of real-time payment processing services using Australia's PayTo network. It allows customers to make instant payments at checkout by connecting to their bank. Customers authenticate the payment through their banking app using a notification, text, or email. The service connects with Australian banks, internet browsers, and phone operating systems.
- Apr 2023Seed$4.7M
#12
Series B · Sydney, New South Wales · founded 2013 · 82 employees$19.8Mraised▾
Provider of wealth management CRM software for financial advisors. It offers a platform designed to address the specific challenges faced by financial advisory firms. The software includes features such as automated task management, compliance tracking, an open API for integrations, pipeline management, and workflow automation tools. It also provides robust reporting and analytics capabilities to support data-driven decision-making. The platform is designed to enhance client relationships through improved communication and personalized service. Development incorporates client feedback to ensure the software meets the evolving needs of the industry.
- Jan 2020Series B$16.3M
- Aug 2018Series A$2.2M
- Sep 2015Seed$1.3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Banking Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Sydney researches in fintech
- UNSW Sydney12
- University of Technology Sydney4
- University of Sydney4
- The University of Sydney4
- Western Sydney University1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.